Office and Secretarial Services Agreement between Platinum Energy Resources, Inc. and Platinum Partners Value Arbitrage, L.P.
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Summary
Platinum Energy Resources, Inc. agrees to pay Platinum Partners Value Arbitrage, L.P. $7,500 per month for office space and secretarial services at 152 West 57th Street, New York. This arrangement begins on the effective date of the company's IPO registration statement and continues until the company either completes a business combination or is liquidated. The agreement outlines the basic terms for providing office support during this period.
EX-10.11 20 v019917_ex10-11.txt EXHIBIT 10.11 Platinum Energy Resources, Inc. 152 West 57th Street, 54th Floor New York, New York 10019 June __, 2005 Platinum Partners Value Arbitrage, L.P. 152 West 57th Street, 54th Floor New York, New York 10019 Gentlemen: This letter will confirm our agreement that, commencing on the effective date ("Effective Date") of the registration statement for the initial public offering ("IPO") of the securities of Platinum Energy Resources, Inc. ("Company") and continuing until (the "Termination Date") the earlier of the consummation by the Company of a "Business Combination" or the Company's liquidation (as described in the Company's IPO prospectus), Platinum Partners Value Arbitrage, L.P. shall make available to the Company certain office and secretarial services as may be required by the Company from time to time, situated at 152 West 57th Street, 54th Floor, New York, New York. In exchange therefore, the Company shall pay Platinum Partners Value Arbitrage, L.P. the sum of $7,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date. Very truly yours, PLATINUM ENERGY RESOURCES, INC. By:____________________________ Name: Title: AGREED TO AND ACCEPTED BY: PLATINUM PARTNERS VALUE ARBITRAGE, L.P. By:_____________________________ Name: Title:
